Jupiter Topco LLC Acquires Shares of 10,269 Triumph Financial, Inc. $TFIN

Jupiter Topco LLC bought a new position in shares of Triumph Financial, Inc. (NYSE:TFIN) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 10,269 shares of the company’s stock, valued at approximately $785,000.

Other large investors have also modified their holdings of the company. Farther Finance Advisors LLC raised its position in shares of Triumph Financial by 46.1% in the fourth quarter. Farther Finance Advisors LLC now owns 491 shares of the company’s stock valued at $31,000 after buying an additional 155 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in Triumph Financial by 9.3% during the second quarter. Tower Research Capital LLC TRC now owns 2,284 shares of the company’s stock worth $126,000 after acquiring an additional 195 shares during the last quarter. Entropy Technologies LP grew its stake in Triumph Financial by 6.2% during the 3rd quarter. Entropy Technologies LP now owns 5,100 shares of the company’s stock valued at $255,000 after acquiring an additional 300 shares in the last quarter. Illinois Municipal Retirement Fund grew its stake in Triumph Financial by 3.6% during the 1st quarter. Illinois Municipal Retirement Fund now owns 11,319 shares of the company’s stock valued at $675,000 after acquiring an additional 397 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new stake in Triumph Financial in the 2nd quarter valued at about $40,000. Hedge funds and other institutional investors own 91.11% of the company’s stock.

Triumph Financial Stock Performance

NYSE:TFIN opened at $69.43 on Monday. The company’s 50-day moving average is $75.99 and its two-hundred day moving average is $68.55. Triumph Financial, Inc. has a 1-year low of $46.43 and a 1-year high of $83.52. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 46.91 and a beta of 1.37.

Triumph Financial (NYSE:TFIN) last announced its quarterly earnings results on Tuesday, July 21st. The company reported $0.44 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.44. The business had revenue of $120.24 million during the quarter, compared to the consensus estimate of $114.67 million. Triumph Financial had a net margin of 7.17% and a return on equity of 4.69%. Analysts forecast that Triumph Financial, Inc. will post 1.93 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Stephens raised their target price on shares of Triumph Financial from $82.00 to $88.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. DA Davidson increased their price target on Triumph Financial from $65.00 to $82.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Zacks Research downgraded Triumph Financial from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. B. Riley Financial upped their target price on Triumph Financial from $70.00 to $82.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Finally, Keefe, Bruyette & Woods raised their target price on Triumph Financial from $78.00 to $88.00 and gave the stock a “market perform” rating in a research note on Thursday, July 23rd. Six investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Triumph Financial has an average rating of “Hold” and an average price target of $85.00.

Insider Buying and Selling at Triumph Financial

In other news, EVP Adam Nelson sold 3,750 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $79.05, for a total value of $296,437.50. Following the transaction, the executive vice president owned 23,755 shares of the company’s stock, valued at $1,877,832.75. This represents a 13.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Edward Schreyer sold 2,900 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $73.75, for a total value of $213,875.00. Following the sale, the executive vice president directly owned 15,534 shares of the company’s stock, valued at $1,145,632.50. The trade was a 15.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 5.51% of the company’s stock.

About Triumph Financial

Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.